Business Line of Credit
Business Line of Credit
Borrow funds for your business more efficiently on a line of credit. Unlike a larger lump sum loan, a line of credit lets you determine your precise loan amount with each individual purchase. Plus, you only pay interest on what you actually spend!
It's a great way to leverage your working relationship with Prime Meridian Bank — making it easy to account for cash flow fluctuations, seasonal needs, and other short term concerns at a competitively low rate.
Summary
- Competitively low interest rates
- Borrow purchase-by-purchase
- No excess interest payments on cash you don't need
- Account for cash flow fluctuations and other short-term needs
- Re-access funds without having to re-apply
- Local business understanding and experience
- Local line of credit decisions
- Plus, tailored service to see you through the loan process!
Financial Statement Forms
All loans subject to credit approval.